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05/16/10
Derivative reform offers its own risks
Filed under: General, Finance
Posted by: Lillian Wong @ 7:54 pm

Financial-reform legislation being debated in Congress aims to rein in the wild use of derivatives on Wall Street. Yet if certain proposals become law, everyday companies, including many in Arizona, also could get hog-tied.

Provisions involving derivatives are among the most contested parts of the legislation. They could open up the nebulous derivatives market to more scrutiny, force banks to spin off a lot of their business and push more trading onto exchanges.  more…


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